Chokepoints in the Strait of Hormuz and in Producing Critical Minerals
There’s a lot at stake.
Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more things you need to think about. I’m David Westin, and this week former diplomat Richard Haass took us through the ceasefire negotiations between the US, and Iran and we considered US shortcuts to catch up on critical minerals. If you’re not yet a subscriber, sign up here for this newsletter.
The US agreed to a very tentative ceasefire with Iran this week and went into negotiations to try to resolve the conflict. There’s a lot at stake. As Afsaneh Beschloss of RockCreek says, elevated oil prices risk slowing the global economy and leading to higher inflation.